4 Things Stock Market Bears Get Wrong About the Bull Market

The Dow Jones Industrial Average and the other major stock indexes keep creeping higher, and yet everyone seems to be waiting for the next big drop. It doesn’t help that the bears are out in force, marshaling arguments for why the end of the bull market is nigh. The only problem: Their arguments don’t hold much water.

In a note released after Thursday’s close, Citigroup Strategist Tobias Levkovich looked at the four main arguments the bears are making—and knocked each down in turn.

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